Hojin's SW Orlando Real Estate Scoop

Real Estate News for Dr. Phillips, Windermere, Gotha, Celebration, Winter Garden, Ocoee, Clermont, Metrowest

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Case Shiller Data for October 2008

October 29th, 2008 · No Comments

Surprise. Surprise. The data for the Case Shiller Home Price Index was released today and it shows another record decline of 16.6% year over year for the 20 city composite index. Central Florida saw a year over year decline of 18.1% and a month to month decline of .4%.

A concern of note is David Blitzer predicting on CNBC that foreclosures will accelerate price declines in the Sunbelt for the coming months.

Tags: Market Forecast · Market Statistics